Piper Sandler Lowers Price Target for Bank of N.T. Butterfield & Son to $36.00
December 25, 2022
Trending News 🌧️
Bank ($NYSE:NTB) of N.T. Butterfield & Son is a leading international provider of banking, trust, and asset management services. They have operations in Bermuda, the Cayman Islands, The Bahamas, and the United Kingdom, providing a broad range of financial products and services to individuals, businesses, and governments. These lowered expectations are a cause for concern for investors, as the company’s share price had been steadily increasing prior to this announcement. This puts a damper on the company’s momentum in the market, and could potentially lead to a decrease in their overall stock value. Despite this news, investors should still remain confident in Bank of N.T. Butterfield & Son’s long-term prospects. They have a strong balance sheet and have an excellent track record of success in their core markets.
Additionally, they have invested in innovative digital products and services which could help them compete in a changing financial landscape. While this is cause for concern for investors, the company still looks strong and has potential for growth moving forward.
Price History
On Tuesday, BANK OF N.T. BUTTERFIELD & SON opened at $31.0 and closed at $29.8, down by 4.4% from its previous closing price of 31.2. This marks the second consecutive day of losses for the company, indicating that the news of the lowered price target has had a negative impact on investors’ confidence. The lowered price target is also an indication that the company is facing difficulties and may not be able to reach its goals as projected in its financial statements. This has caused some investors to become increasingly bearish on the stock, which is reflected in its recent price declines.
Despite the news, BANK OF N.T. BUTTERFIELD & SON still has a strong track record of profitability and performance and continues to be a major player in the banking industry. Its ability to weather economic downturns has made it a reliable stock for long-term investors, and its lower price target could present an opportunity for short-term traders as well. Investors should keep an eye on this stock as it develops over the coming months to determine if it will be able to recover from this setback or if it will continue to decline in value. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for NTB. More…
| Total Revenues | Net Income | Net Margin |
| – | 192.57 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for NTB. More…
| Operations | Investing | Financing |
| 219.29 | -100.2 | -813.56 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for NTB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.7k | 12.94k | – |
Key Ratios Snapshot
Some of the financial key ratios for NTB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.9% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis
With the help of the VI app, it is easy to analyze the company’s fundamentals. The company has a high health score of 10/10, indicating its capability to pay off debt and fund future operations. BANK OF N.T. BUTTERFIELD & SON is classified as ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. Investors who are looking for a stable stock with steady returns may be interested in this company. It is also a great option for those looking for diversification in their portfolio, as it is not affected by market volatility. Moreover, the company pays out a healthy dividend, making it attractive to income investors. In conclusion, BANK OF N.T. BUTTERFIELD & SON is an ideal stock for investors who are looking for a stable long-term investment option with consistent returns. With its strong fundamentals and healthy dividend payouts, it offers attractive growth opportunities and the potential for steady returns over time. More…
VI Peers
There is intense competition between Bank of N.T Butterfield & Son Ltd and its competitors Sydbank A/S, Bankinter SA, Entie Commercial Bank. All four companies are striving to be the leading bank in their respective countries and regions. They all offer similar products and services, but each has its own unique selling proposition. Bank of N.T Butterfield & Son Ltd has a strong focus on private banking, while Entie Commercial Bank has a strong corporate banking offering. Bankinter SA has a strong digital banking offering, while Sydbank A/S has a strong focus on sustainable banking.
– Sydbank A/S ($OTCPK:SYANY)
Sydbank A/S is a leading provider of financial services in Denmark. The company has a market cap of 1.86B as of 2022. Sydbank A/S offers a wide range of banking and financial services to its clients, including personal and corporate banking, investment banking, asset management, and insurance. The company is headquartered in Copenhagen, Denmark.
– Bankinter SA ($OTCPK:BKIMF)
Bankinter SA is a Spanish bank with a market cap of 5.1B as of 2022. The company offers a wide range of banking products and services to retail, corporate, and institutional clients in Spain and Portugal. Bankinter has a strong focus on digitalization and innovation, and was one of the first banks in Spain to offer mobile banking and contactless payments. The bank has a network of over 750 branches and 4,500 employees.
– Entie Commercial Bank ($TWSE:2849)
Entie Commercial Bank is one of the largest banks in Taiwan with a market cap of 28.09B as of 2022. The company provides a wide range of banking and financial services to customers including loans, deposits, credit cards, and foreign exchange.
Summary
Investing in Bank of N.T. Butterfield & Son (BNTB&S) could be a wise decision for investors with a long-term outlook. BNTB&S is a global financial services company headquartered in the British Virgin Islands, with operations throughout the Caribbean and North America. The company offers a wide range of services, including banking, trust and asset management, foreign exchange, insurance, and investment services. BNTB&S has a strong track record of delivering steady returns to investors. The company’s dividend yield is also attractive for investors, currently standing at around 4%. The company also has a solid presence in the Caribbean region, and it is well-positioned to capitalize on the growing demand for financial services in the region.
Its presence in the Caribbean gives it access to a variety of different financial markets, allowing BNTB&S to diversify its investments across different countries and sectors. In terms of risks, investors should note that BNTB&S’s share price has been volatile in recent years due to increased competition and macroeconomic uncertainty. The company’s stock also trades on a relatively low volume, which could make it difficult for investors to exit quickly if necessary. Overall, though, investing in BNTB&S could be a sound decision for long-term investors with an appetite for risk. The company has a strong presence in the Caribbean region, a solid track record of delivering returns to shareholders, and an attractive dividend yield.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
